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September 10, 2018

Russia, Turkey & Iran speeding up efforts to drop US dollar from trade - official

In response to US sanctions, Russia, Turkey and Iran are negotiating the reduction of the US dollar's share in mutual trade, Tehran Times daily quotes the country's central bank governor as saying.

Eliminating the greenback in mutual trade was most recently discussed by the three countries last weekend in Tehran during the trilateral summit of the Syrian ceasefire, said Iranian Central Bank Governor Abdolnaser Hemmati as quoted by the media. Read more.